State Street Income Allocation ETF
INKM
20 hedge funds and large institutions have $75.5M invested in State Street Income Allocation ETF in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 9 closing their positions.
1.49% less ownership
Funds ownership: 76.76% → 75.27% (-1.5%)
16% less capital invested
Capital invested by funds: $90.4M → $75.5M (-$14.9M)
29% less funds holding
Funds holding: 28 → 20 (-8)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.62M |
| 2 |
Morgan Stanley
New York
|
+$984K |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$851K |
| 4 |
RPC
Rossmore Private Capital
Glastonbury,
Connecticut
|
+$249K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$69.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$10.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.65M |
| 3 |
State Street
Boston,
Massachusetts
|
-$831K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$423K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFGIA
26
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$121K | -3,426 | Closed |
|
|
FGAM
27
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$101 | -2,904 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$37K | -1,041 | Closed |
|
|
RPCONE
29
Retirement Planning Company of New England
Warwick,
Rhode Island
| – | -$14K | -400 | Closed |
|
INKM Hedge Fund Activity: Q1 2022 in Review
20 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q1 2022, worth a combined $75.5M — down 16% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of INKM and 2 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.62M. The largest seller was GeoWealth Management, exiting entirely with an estimated $10.7M sold.
- 20 institutional investors held State Street Income Allocation ETF (INKM) as of Q1 2022, down from 28 in Q4 2021.
- Funds reported $75.5M of State Street Income Allocation ETF stock for Q1 2022, down 16% quarter-over-quarter.
- 2 funds opened new State Street Income Allocation ETF positions in Q1 2022 and 9 closed out, a net change of -7 holders.
- The largest State Street Income Allocation ETF buyer in Q1 2022 was Royal Bank of Canada, an estimated $1.62M added.
- The largest State Street Income Allocation ETF seller in Q1 2022 was GeoWealth Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2022.